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The kangaroo is a native species of Australia. Each 2016 1 oz Perth Mint Silver Red Kangaroo is composed of 1 troy ounce of .9999 fine silver. This beautiful coin is extremely popular among investors and collectors alike.
The reverse of the coin features the iconic Kangaroo design, created by Dr. Stuart Devlin. Most silver coins and bars are made to a purity of 999. However, the trend over the past few years with some of the sovereign mints is to produce silver bullion to a fineness of 9999.
Why is the 2016 1oz Australian Perth Mint Silver Red Kangaroo Popular and an Excellent Investment in Silver ?
- Composed of 1 troy ounce of .9999 fine silver
- Issues a denomination of $1 AUD
- Struck by the Perth Mint
- Backed and guaranteed by the Federal Government of Australia
- Approved for Precious Metals IRAs
- 100% Authentic
- Country - Australia
- Mint - Perth Mint
- Purity - .9999
- Weight - 1 troy ounce
- IRA Eligible - Yes
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